Previous Payments definition

Previous Payments has the meaning specified in Section 13.1.
View Source
Previous Payments shall include all amounts therefor paid on account of the work, all charges for materials or service furnished by Contractor and properly chargeable to Subcontractor and all costs incurred by contractor properly chargeable to Subcontractor as obligations of Subcontractor. Any amount not billed by Subcontractor within Ten (10) days following the completion of work by Subcontractor shall not be paid. Contractor shall have the right to withhold payment to Subcontractor for defective work not remedied and for any other breach of this Subcontract by Subcontractor of his subordinate contractors. No payment to Subcontractor by Contractor shall be construed to be an acceptance of any defective work. A final payment, consisting of the unpaid balance of the price, shall be made with fifteen
View Source

Examples of Previous Payments in a sentence

  • Notwithstanding the foregoing, this Article Fifteen shall not apply to the application of any amounts deposited with the Trustee or any Paying Agent pursuant to any sinking fund requirement or defeasance which, at the time such amounts were deposited with the Trustee or Paying Agent, as the case may be, such deposits were not prohibited by the provisions of this Article Fifteen ("Previous Payments").

  • Each Seller hereby releases the Purchaser and its Affiliates from all Claims relating to the Previous Payments.

  • Notwithstanding the foregoing, the Article Fifteen shall not apply to the application of any amounts deposited with the Trustee or any Paying Agent pursuant to any sinking fund requirement or defeasance which, at the time such amounts were deposited with the Trustee or Paying Agent, as the case may be, such deposits were not prohibited by the provisions of this Article Fifteen ("Previous Payments").

  • Subcontractor Contract Amount Payments this Month Previous Payments Total Payments Made to Date Original Revised Name: Subcontractor is REMOVED Fed.

  • If an audit determines that any payments previously made under this Agreement ("Previous Payments") were not properly calculated, adjustments shall be made promptly in amounts to be paid in the future for Shipments under this Agreement ("Future Payments") to reflect the proper amount of such adjustments; or if no Future Payments are then due, payments shall be promptly made to reflect the difference between the Previous Payments and the proper amounts determined by audit.

  • Notwithstanding the foregoing, this Article XIII shall not apply to the application of any amounts deposited with the Trustee or any Paying Agent pursuant to Article IV that at the time such amounts were deposited with the Trustee or Paying Agent, as the case may be, such deposits were not prohibited by the provisions of this Article XIII ("Previous Payments").

  • Subcontractor Total Amount Payments this Month Previous Payments Total Payments Made to Date Original Revised Name: Fed.

  • All Previous Tasks Time & Materials Fixed Fee All Previous Payments for Work Done from Beginning of Agreement Term $1,561,309 1-8 Time & Materials Fixed Fee Payment for Annual Services July – December 2022 $508,674.75 1-8 Time & Materials Fixed Fee Payment within 30 days of submittal of January 31 bi-annual report for Annual Services January – June 2023 $169,558.25 No expenses are separately reimbursable.

  • The Parties agree that the contract accounting resulting in the Balance of the Contract Price is as follows: Original Contract Amount: $3,523,000.00 Contract as Adjusted by Change Orders: $3,550,840.00 Less Previous Payments to Former Contractor: $959,171.18 Retainage: $106,574.58 Balance of Contract Price: $2,591,668.82 District shall devote the entire Balance of the Contract Price to the completion of the Project.

  • The Parties agree that the contract accounting resulting in the Balance of the Contract Price is as follows: Original Contract Amount: $339,900.00 Contract as Adjusted by Change Orders: $0.00 Less Previous Payments to Former Contractor: $0.00 Retainage: $0.00 Balance of Contract Price $339,900.00 District shall devote the entire Balance of the Contract Price to the completion of the Project.